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Gelineau & Associates R.E. Sells Multifamily Property In Waltham, MA For $2.4M

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SOLD
$2,400,000

Massachusetts

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MultiFamily6,172 SF
Sold 03/31/2022
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Property Image
SOLD

Gelineau & Associates R.E. Sells Multifamily Property In Waltham, MA For $2.4M

71 Francis Street, Waltham, Massachusetts 02451, United States

See Similar Deals
MultiFamily6,172 SF
Sold 03/31/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$388
Total Square Footage:6,172 SF
Transaction Type:Sale

A multifamily property located at 71 Francis St in Waltham, MA has been sold for a total of $2,400,000. The property spans 6,172 square feet, resulting in a price per square foot of $389. The sale took place on 03/31/2022.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,400,000
  • Address: 71 Francis St, Waltham, MA
  • Market: Waltham, MA

The sale was facilitated by Glenna Gelineau from Gelineau & Associates R.E., who represented the parties involved in the transaction.

Players

9 deals$16.5M volume
BROKER

Details

SOLD
IMAGE: Glenna Gelineau DATE: 03/31/2022 ADDRESS: 71 Francis St MARKET: Waltham, MA ASSET TYPE: Multifamily BROKER: Glenna Gelineau - Gelineau & Associates R.E. SALE PRICE: $2,400,000 SF: 6,172 ~ PPSF: $389

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
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